Bank of America (BAC) technical preview March 23, 2015

Friday’s nice rebound from a 2-month low was very positive for BAC share. However, a close above $16.25 is needed to turn the trend upward. Otherwise a break below $15.57 would start filling the February gap, before targeting $15.

BAC daily chart (6 months):

bac

Chart courtesy of http://www.StockCharts.com

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